Japan Vice Econ Min Nishimura: Economy is in line with expectations; both Govt and BOJ stand ready to act appropriately to risks
- Need to carefully watch the pullback in demand after the sales tax hike
- Gains in base wages and bonuses to offset impact from sales tax hike to support domestic consumption
- Hopes that exports pick up but overseas risk still center on emerging markets
- Would attend the Bank of Japan's policy meeting as a government observer this week
- Gap is narrowing between US and Japan on trade talks